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SB 67 allow a school district to deposit the proceeds...

State of South Dakota  
SEVENTY-SIXTH SESSION
LEGISLATIVE ASSEMBLY,  2001
 

921E0072  
SENATE BILL   NO.     67  

        Introduced by: Senators Diedtrich (Elmer) and Drake and Representatives Holbeck, Frost, Kooistra, Rhoden, Slaughter, and Sutton (Duane)  


         FOR AN ACT ENTITLED, An Act to  allow a school district to deposit the proceeds from the sale of surplus property into its capital outlay fund.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF SOUTH DAKOTA:
     Section  1.  That § 6-13-8 be amended to read as follows:
     6-13-8.   All revenue accruing from the sale of surplus property pursuant to this chapter shall be paid into the treasury of such political subdivision and credited, at the discretion of the governing board, to the general fund or , to the fund in which such property was inventoried , or to the capital outlay fund of a school district .


450 copies of this document were printed by the South Dakota
Legislative Research Council at a cost of $.021 per page.
  .   Insertions into existing statutes are indicated by underscores.
Deletions from existing statutes are indicated by overstrikes.